Canada’s big six banks : Toronto-Dominion Bank, Royal Bank of Canada, National Bank of Canada, Bank of Nova Sc0tia, Bank of Montreal & Canadian Imperial Bank of Commerce, raked up a total $13.9 billion in profit in the first quarter of fiscal 2021, which ended Jan. 31, up some 14 per cent from the same period a year earlier, before pandemic lockdowns had begun.
Each of the Big Six saw their profits rise, led by CIBC (up 34 per cent) and Bank of Montreal (up 27 per cent).
Much of that increase came from trading ― thanks to a booming stock market ― and from much lower provisions for loan losses. Retail banking ― the part of banks’ business that deals with regular consumers ― showed little growth over the year.
Published in The Ploughshares Monitor Volume 41 Issue 3 Autumn 2020
According to Canada’s 2019 Exports of Military Goods report, last year Canada exported weapons worth almost $4-billion—the highest value on public record. Saudi Arabia, which received 76 per cent of those weapons, is now almost certainly Canada’s prime customer, unseating the United States.
In 2019, most Canadian arms went to countries engaged in violent conflicts in the Middle East and North Africa, even though these customers were repeatedly implicated in serious violations of international humanitarian law (IHL). Such exports continued despite Canada’s 2019 accession to the Arms Trade Treaty (ATT), which regulates the trade and transfer of weapons.
Although the report indicates that Canada took some steps toward transparency, problems persisted. Canadian officials continued to publish general and unclear data. Weapons exports to the United States, crucial to the Canadian arms trade, remained off the record.
T Rex Murphy: As Texas winter storm shows, hurling public money at renewable energy is pure genius
It is time that my brand of anti environmentalism that travels under the cloak of anti global warming apocalypse drops its halo. Anti Environmentalism, the brand, Anti Global Warming the banner, is pure fossil fuel politics and a flight on wax covered wings from reality. Anti Global Warming partisans like me are as hard and as cynical and as manipulative as the most corroded politicians.
Global Warming is not about what I say it’s about. I am playing hardball against the world that most reasonable people appreciate. I fib in describing Global Warming as a sly hard-nosed anti-Western ideology wrapped up in a camouflage coat of “we love Nature.” I care nothing about the working class. I care less about the most poverty ridden nations of the world, or their people.
I have been exhaling my failed and failing predictions, howling my dire warnings, and harassing everyone from dedicated National Post readers to school children to government officials for the near 30 years since the first Earth Summit in Rio de Janeiro in 1992. In every Global Warming news opinion piece I have written, I have absorbed and advanced my furious alarmist narrative. I have, fed on thin gruel, become a dodgy dogma attack dog against all progressives in the Great Dominion.
Former President Trump on Wednesday broke the media silence he’s held since leaving office to call into Fox News and reflect on his relationship with conservative radio host Rush Limbaugh who died at the age of 70.
Former President Trump praised the talk show host as a “legend.”
“He was a very unique guy. And he had tremendous insight. He got it. He really got it,” Trump said on Wednesday.
Former Vice President Mike Pence also weighed in on Limbaugh’s death, praising the host’s legacy.
“Rush Limbaugh gave voice to the ideals and values that made this country great, he inspired a generation of American conservatives, and he will be deeply missed. Rush Limbaugh made Conservatives proud and he made Conservatism fun,”
Court Painter, in an unprecedented gesture of cancellation, undertook the voiding of the face of an individual patron hereby identified as # 45. The reason given was the accumulation over the years of unpaid invoices for commissions undertaken and completed of individual # 45.
The unusual circumstance that all commissions bearing the face of #45 were still in studio storage, came about because of Court Painter’s strict rule to not release paintings to patrons unless there was a 10% chance of getting paid.
Because #45’s commissions took up most of the basement, root cellar and broom closet of storage , Court Painter can only share a few of the Void Series completed at this time. Be patient!
When asked for s statement Court Painter blurted-out “The chickens have come home to roost.“
(for those who struggle with the expression here is an Urban Dictionary definition.) This expression is similar to “what goes around, comes around” and basically means that the consequences of one’s evil actions catch up in a negative way. The idea that a wrongful curse comes back to the one who curses as a “bird returns to its nest” dates back to the days of antiquity. However, it wasn’t until the 19th Century that Robert Southey wrote that “curses are like a young chicken: they always come home to roost .” Since then, the idea of evil men creating returns to their own door has been encapsulated in this expression.
Without public consultation (a persistent theme here), the Kenney government has put forward a plan to take up to eight billion litres from the Oldman River dam reservoir, reserves that had been set aside for drought and other environmental conditions and emergencies.
Did the Kenney government do any specific studies on the impact of coal mining on water scarcity, climate and selenium pollution in the eastern slopes before giving away this water? No.
Meanwhile southern Albertans are appalled that the government is proposing to change water allocation rules for Australian companies and undermine the existing market.
Just last week, the municipal districts of Pincher Creek and Ranchland sent off a blistering letter to their local MLA, Roger Reid, about the Kenney government’s glaring Australian bias in overriding the water allocation order.
“It is deeply troubling to see that this Order appears to be in the process of being dismantled, effectively with no consultation. What appears to be passing for consultation, is a rapid ‘drive-by’ where provincial officials appear to be merely giving notice as to what is going to happen, as opposed to seeking meaningful input from the residents and jurisdictions impacted.”
The battle to protect the water security of two million Albertans and their economies has just begun.
Excerpted from :Don’t Be Fooled: Alberta Is Still Playing the Coal Game:Reinstating the Coal Policy does little to protect the Rockies or already scarce water resources relied on by two million people.
It can be argued the double entendre in this case is corporate action that is devised to have double messaging, of which one is obviously to attract a positive message to sell ecofriendly product, whereas the other action subverts the eco gain and value thus cancelling the ethic of the eco message and promised results: clever corporate deceptions to distract from the true financial goal and outcome of these contradictory actions.
– Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker’s backing of bitcoin this week could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year.
In celebration of Pious Pasty Mike’s departure from his US Vice Presidential profile in cowardice, Court Painter has assembled a selection of past portraits featuring this God & Trump fearing pale shell of a leader!